It is going take some time before it comes to fruition, but the Federal Housing Finance Agency got the ball rolling Tuesday on pushing Fannie Mae and Freddie Mac to begin purchasing manufactured housing loans.
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FICO holds price for commitments as Pulte plans more action
FICO announced it will maintain its mortgage industry price for credit scores through tri-merge resellers at $10 for members of its Preferred Program.
Lenders should prepare for shifts in mortgage REIT demand
Single-family mortgage real-estate investment trusts in the market for home loan assets face hurdles and selectively taking on leverage to keep buying.
Bessent puts GSE exit on 2027-2028 agenda, boosting shares
The Treasury official's comments increased the price of the government-sponsored enterprises' stock even though he indicated there would be no near-term reform.
Bessent sees no spillover from France bond market’s turmoil
Since the turmoil in France escalated from the end of last month, moves in that country's bonds have affected Treasuries several times — either by pushing them down in tandem or causing flows into U.S. debt as a haven trade.
UWM scraps credit score minimums amid KBW downgrade
Fannie, Freddie and Ginnie loan eligibility now rests on AUS findings, with scores kept for pricing. KBW cut UWM's price target to $1.50 as it launches a $400M rights offering.